🏹Stake ETR
Stake ETR to receive esETR, USDC and Multiplier Points.
Navigate to ETR vault
If you currently don't have any ETR token in your wallet, you can select "Buy ETR" button to be navigated to Uniswap.
In the ETR vault, you will find the information:
Price: The market price of ETR token.
Wallet: The amount of ETR token in your wallet.
Staked: The amount of ETR token you are staking.
APR:
ETR staking reward APR sourced from the binary options trading fees generated in a week. The APRs are updated weekly every Wednesday and will depend on the fees collected for the said week.
Annual Percentage Rate of ETR staking which includes:
Escrowed ETR APR
Base USDC APR
Boosted APR (The Boosted APR is from your staked Multiplier Points)
Rewards: The rewards shown in this table includes esETR and USDC.
Multiplier points APR : Based on this APR, you will know how many Multiplier Points user would receive after one year of staking ETR. The multiplier points can be staked to boost the APR by clicking the “Compound” button on the and each multiplier point earns the same rewards as ETR or esETR tokens.
Boost percentage: the boost percentage from staked multiplier points. Boost Percentage = 100 * (Staked Multiplier Points) / (Staked ETR+ Staked esETR).
Total staked: total number of ETR tokens that are being staked in the pool at the moment
Total supply: total supply of ETR - burned ETR.
Stake ETR
Click "Stake" on the "ETR" section.
In the pop-up that appears, enter the amount of ETR you want to stake.
Click "Stake" once more to confirm your choice.
Confirm transaction.
Note that if this is the first time you stake ETR, you have to approve the smart contract to use your ETR first. To do so, click on the Approve button.
After finished staking, you'll notice your rewards starting to pile up every time you refresh the Earn page.
View rewards from staking ETR
In the "Total rewards" section, you will see the rewards of USDC, Escrowed ETR and Multiplier points that you are earning from staking ETR
Growing your ETR Staking Rewards:
If you want to grow your rewards, you can choose to compound them. This means you'll stake your pending Multiplier Points and Escrowed ETR rewards to increase the amount you receive. Here's how:
Click "Compound" on the "Total Rewards" section.
In the pop-up that appears, select the rewards you wish to compound.
Click "Compound" once more to confirm your choice.
Confirm transaction.
When choosing to stake ETR rewards, the "ETR rewards" checkbox will be automatically selected, and the same applies to staking esETR.
Whenever you compound your rewards, the default setting will be to stake Multiplier Points and claim USDC rewards.
You will see the amount of staked Multiplier Points directly in the Total rewards section.
Claim rewards
If you prefer not to stake your rewards, you can choose to claim them to your wallet.
Click "Claim" on the "Total Rewards" section.
In the pop-up that appears, select the rewards you wish to claim.
Click "Claim" once more to confirm your choice.
Confirm transaction.
USDC rewards option is selected by default.
Unstake ETR
After staking ETR, you can unstake ETR.
Click "Unstake" on the "ETR" section.
In the pop-up that appears, enter the amount of ETR you want to unstake.
Click "Unstake"
Confirm transaction.
Note: When you unstake ETR, a proportional amount of Multiplier points are burnt.
If you wish to explore the detailed formulas for the fields on the Earn page, navigate to the Earn Formulas page.
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